Education and communication priced at $1 in 1996 $1.51 in 2022

Education And Communication Inflation Calculator

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Prices for Education And Communication, 1996-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices for education and communication are 50.86% higher in 2022 versus 1996 (a $0.51 difference in value).

Between 1996 and 2022: Education and communication experienced an average inflation rate of 1.59% per year. In other words, education and communication costing $1 in the year 1996 would cost $1.51 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation for education and communication was lower.

In the year 1996: Pricing changed by 3.40%, which is above the average yearly change for education and communication during the 1996-2022 time period. Compared to inflation for all items in 1996 (2.93%), inflation for education and communication was higher.

Price Inflation for Education and communication since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1994 (3.87%), 1995 (3.85%), and 1996 (3.40%).

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Buying power of $1.00 since 1996

Below are calculations of equivalent buying power for Education and communication, over time, for $1 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$1.003.40%
1997$1.033.27%
1998$1.051.88%
1999$1.060.89%
2000$1.081.32%
2001$1.102.66%
2002$1.132.52%
2003$1.151.75%
2004$1.171.64%
2005$1.191.88%
2006$1.222.71%
2007$1.252.40%
2008$1.303.39%
2009$1.343.04%
2010$1.361.98%
2011$1.381.19%
2012$1.401.81%
2013$1.431.53%
2014$1.441.20%
2015$1.450.50%
2016$1.460.67%
2017$1.43-1.89%
2018$1.430.20%
2019$1.450.73%
2020$1.471.82%
2021$1.501.65%
2022$1.510.83%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Education and communication:

Year199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI85.46988.77792.19295.32398.438100.285101.177102.508105.238107.892109.785111.585113.685116.769119.577123.631127.393129.919131.466133.844135.886137.518138.209139.133136.507136.786137.790140.300142.612143.801

Adjust education and communication prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1996 * 1996 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Education and communication was 95.323 in the year 1996 and 143.801 in 2022:

143.801 / 95.323 * $1 = $1.51

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1996 has the same "purchasing power" as $1.51 in 2022 (in the CPI category of Education and communication).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Education and communication in 1993. In addition to education and communication, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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